Facebook -Ve Divergence, Considering Put Options (S/Term)
I'd like to re-introduce options to my focus areas as I think it could be additional source of alpha if you have some extra cash to risk.
Facebook
META
- Bearish divergence
- Risk below $328.50
- I'm looking at the 25 June 320.00 Puts currently at $1.79.
- Contract Name: FB210625P00320000
- Open Interest: 2000
- Last Volume: 1878
I'd consider it a speculative idea, so it's best to take a small position. Also note this is a pre-market view, so it may be subject to change.
META
- Bearish divergence
- Risk below $328.50
- I'm looking at the 25 June 320.00 Puts currently at $1.79.
- Contract Name: FB210625P00320000
- Open Interest: 2000
- Last Volume: 1878
I'd consider it a speculative idea, so it's best to take a small position. Also note this is a pre-market view, so it may be subject to change.
